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Oct 3, 2012
10/12
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i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the export economy. you're saying that it's in trouble, it's broken. >> i'm not saying it's broken. i'm saying there's a transition going on towards consumption exporting to europe and real estate are no longer going to be their drivers nap will probably create more volatility than we've had in the past. >> how easy is it to expect this transition? you're buying in the consumer space. >> yes, and you have the transition of the government. one of the other big messages we picked up over there, particularly in i understondia, emerging market central banks, they're very concerned about what the traditional bank
i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the...
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Oct 2, 2012
10/12
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CNBC
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what i am interested in hearing is what are thoughts about the economies around the world. there seems to be concern about europe that while there is -- we heard from the secretary of treasury that the euro will hold together. i don't get a sense that people are feeling the european economy is anywhere near coming out of recession, that we may see a long prolonged i don't know it is recession or depression. it is up to the u.s. so that makes us want to look at primarily u.s. companies. there was one counter intuitive thing i learned that apparently the move to the paperless office is endangering the forest. now they are not useful to be sold for paper but other things that will destroy theforest. i thought that was interesting. it was very counter intative. >> taking the trees down and selling it for lands or other uses. >> she was urging me to use paper. that was funny. >> you pulled out a pad and started writing. >> i really wouldn't have expected that. i think there is -- >> do you think that is why bernanke is printing all this money? trying to save the trees. >> this i
what i am interested in hearing is what are thoughts about the economies around the world. there seems to be concern about europe that while there is -- we heard from the secretary of treasury that the euro will hold together. i don't get a sense that people are feeling the european economy is anywhere near coming out of recession, that we may see a long prolonged i don't know it is recession or depression. it is up to the u.s. so that makes us want to look at primarily u.s. companies. there...
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Oct 4, 2012
10/12
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CNBC
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it won't help an economy plagued by uncertainty. it could complicate the tightening of policy when it is time for the fed to tighten and it could raise rates in other sectors. however, most participants believe the risk of qe as detailed there could be managed. >>> now a couple issues here. the effectiveness of the calendar date guidance. remember they extended that into 2015. but there's a big debate on the fed about whether or not this is effective. they worry that the change could be seen as an economic downgrade and not have a positive economic impact. they also said they prefer economic factors to calendar dates. sounds easy, right? no. because they can't agree on whether to use numerical targets and what they should be. they're discussing th ining the discussing these numeric targets. >>> that's a lot of information to process. we're going to do what we are calling the fed minutes in a minute. you have 60 seconds to break it down, pull out the nuggets that we need to know about and that are going to move the markets. your time
it won't help an economy plagued by uncertainty. it could complicate the tightening of policy when it is time for the fed to tighten and it could raise rates in other sectors. however, most participants believe the risk of qe as detailed there could be managed. >>> now a couple issues here. the effectiveness of the calendar date guidance. remember they extended that into 2015. but there's a big debate on the fed about whether or not this is effective. they worry that the change could...
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Sep 26, 2012
09/12
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CNBC
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they're not doing that in any sector of the economy. this is clearly blowing smoke. >> j.d., let me give you the last word because we are running out of time. don't you think that with all of the dysfunctionalty that goes on in congress they will find some sort of common ground so we don't have the taxmageddon? >> i don't think anyone has confidence that's the case. we all hope they'll get their act together and prevent this huge tax increase from hitting the economy. no one has any particular confidence. if you're a businessman, you're the labor demand. you're not going to hire anybody without knowing. you're going to wait if you can. most of them can wait. it's just going to get worse. >> all right. gentlemen, thank you both. it is one of the real thorny issues of our time right now as we head toward the election. former credit investment banker was reportedly arrested earlier today by london police. u.s. authorities are criminally charged him back in february alleging he and two other creditors conspired to inflate the value of mortg
they're not doing that in any sector of the economy. this is clearly blowing smoke. >> j.d., let me give you the last word because we are running out of time. don't you think that with all of the dysfunctionalty that goes on in congress they will find some sort of common ground so we don't have the taxmageddon? >> i don't think anyone has confidence that's the case. we all hope they'll get their act together and prevent this huge tax increase from hitting the economy. no one has any...
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Sep 26, 2012
09/12
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KCSMMHZ
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and our economy is struggling with prolonged deflation and the higher yen. we need to solve these problems and create a stronger and more affluent japan. that is my mission. >> people in tokyo have expressed mixed feelings about abe's re-election. >> translator: i was for abe, but to be honest i'm surprised he actually got elected. i hope he'll do good work. >> translator: when i look back, i can't expect much from him. >> translator: i'm concerned. abe might not be capable of dealing with diplomatic issues. >>> abe comes from a political family. his grandfather was prime minister, too. shinzo abe was the youngest prime minister of the postwar era. he took office at the age of 52. he visited china and south korea during his tenure and tried to improve relations. abe's grandfather nobusuke kishi led japan in the late 1950s. into 1960. his father shintaro abe served as a foreign minister. abe promised to use his experience to revise the constitution and to reform education. so abe has a lot of political know-how and a profile. shery ahn spoke earlier with our
and our economy is struggling with prolonged deflation and the higher yen. we need to solve these problems and create a stronger and more affluent japan. that is my mission. >> people in tokyo have expressed mixed feelings about abe's re-election. >> translator: i was for abe, but to be honest i'm surprised he actually got elected. i hope he'll do good work. >> translator: when i look back, i can't expect much from him. >> translator: i'm concerned. abe might not be...
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Sep 27, 2012
09/12
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KRCB
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and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the stump. so right now, we're just trading harvest and what we think, and ultimately what we think the crop will be when we pull it out of the ground. >> reporter: scott, thanks so much. >> all right. thank you. >> tom: tomorrow, "politics in the pits" continues from chicago's livestock trading pits-- presidential politics, cattle, and pork bellies. the secutiesnd exchange commission is taking a closer look this fall at the systems and computer programs brokerage firms use to place orders. the move comes after the big trading trouble at knight capital
and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the...
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Oct 1, 2012
10/12
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MSNBCW
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some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was part of the spontaneous protest after an anti-islamic video. yesterday paul ryan and john mccain slammed the administration's handling of the deadly attack. >> the response was slow, confused, inconsistent. they first said it was a youtube video and a spontaneous mob. we now know it was a planned terrorist attack if this was one tragic incident that would be a tragedy in itself. the problem is it's part of a bigger picture that the obama foreign policy is unraveling before our eyes on tv screens. >> i think it interferes with the depiction that the administration is trying to convey that al qaeda is on the wane, everything i
some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was part of the spontaneous...
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Sep 27, 2012
09/12
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we could grow the economy. that's what governor romney is going to try to do and i think eventually that will be reflected in the polls. >> when i look at my own state, our governor quinn has let a few slips, call them freudian slips almost hinting that should illinois get in big trouble, probably the federal government will find a way to help. this is nothing that i want to hear even talked about indirectly. do you think this will be an issue at some point? >> it could be. and let me be very clear. in nebraska and all across america, i just chaired the national governor's association this past year. americans do not want the federal government to bail out states that have failed, that have failed to adopt a balanced budget, that they continue to raise taxes. that's not what we want as americans. we want states to control their spending, create more jobs. so i certainly don't think the federal government ought to bail out a state like illinois or california if they can't do it themselves. >> governor, it's been
we could grow the economy. that's what governor romney is going to try to do and i think eventually that will be reflected in the polls. >> when i look at my own state, our governor quinn has let a few slips, call them freudian slips almost hinting that should illinois get in big trouble, probably the federal government will find a way to help. this is nothing that i want to hear even talked about indirectly. do you think this will be an issue at some point? >> it could be. and let...
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Sep 30, 2012
09/12
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CNNW
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> i'm susan hendricks. let's get you caught up on the headlines now. as the president and mitt romney prepare for wednesday's first presidential debate, we've learned a little inside info on how they're getting ready. senator john kerry is going to play the role of mitt romney when the president holds his practice sessions. rob portman is portraying the president in mitt romney's preps. you can catch that debate at 7:00 p.m. eastern on cnn and also cnn.com. >>> the pope's butler went on trial, accused of stealing secret papers and leaking them to an italian journalist. the butler faces a sentence up to eight years if convicted. >>> a rival b
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> i'm susan hendricks. let's get you caught up on the headlines now....
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Sep 27, 2012
09/12
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FBC
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looking at discover financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain about the biggest headwind facing the usa today. liz: can you imagine voting for this interview. wait until you listen come back here what he had to say. not just how we get rid of tax abductions, but all of them except two. but also which industries are mature enough that we should rip the rug out from underneath them and stop giving him all kinds of tax breaks. speaking very candidly with me. i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case o
looking at discover financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain...
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Sep 30, 2012
09/12
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CNNW
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economy remains highly competitive the world economic forums report ranks the u.s. overall as the seventh most competitive in the world. that's why a few months ago, "the economist" magazine predicted an american renaissance. where we have slipped badly of late is in our investments, in people, science and infrastructure. so, president obama's message is urgent and relevant. but why do we have to choose between these two views? we need tax and regulatory reform to make ourselves competitive. america has to make itself attractive for investors, consumers and tourists alike but also should make the crucial investments we need for a 21st century economy. these two views look at the same challenge from different perspectives. governor romney's right to look at the world that companies operate in with its challenges and opportunities. over the last 20 years as communism collapsed and socialism discredited there have been lower taxes and stream lining of regulations. the u.s. has to stay competitive or over the long run, investment, industry and jobs will move to other la
economy remains highly competitive the world economic forums report ranks the u.s. overall as the seventh most competitive in the world. that's why a few months ago, "the economist" magazine predicted an american renaissance. where we have slipped badly of late is in our investments, in people, science and infrastructure. so, president obama's message is urgent and relevant. but why do we have to choose between these two views? we need tax and regulatory reform to make ourselves...
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Sep 26, 2012
09/12
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CNBC
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they've seen their economy falling. they've seen very high rates of unemployment. as high as 50% for young people. we also saw violence in athens greece, today as well. they were protesting there as well because you could say, same story. another round of cuts of government spending which will mean lower salaries, pensions that could be affected as well. a lot of the details haven't come out, but they kind of know the story already. this is athens. once again, molotov cocktails as we have seen in the past. tear gas being used by the police to disperse the protesters. a lot of back and forth. that lasted just a couple of hours. it was smaller than we've seen in the past. but once again, two capitals in europe erupting in the last two days, today, in fact over austerity measures being imposed as they try to balance their budgets. >> michelle caruso-cabrera, thank you for that update. beakers, i'm going to you. the worse things get, the more likely it will be that spain actually seeks a bailout, right? borrowing costs have to remain high. 32 basis points rose in spani
they've seen their economy falling. they've seen very high rates of unemployment. as high as 50% for young people. we also saw violence in athens greece, today as well. they were protesting there as well because you could say, same story. another round of cuts of government spending which will mean lower salaries, pensions that could be affected as well. a lot of the details haven't come out, but they kind of know the story already. this is athens. once again, molotov cocktails as we have seen...
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Sep 29, 2012
09/12
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FBC
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we're hurting the economy. unless we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at something under one-and-a-half percent because we have an economy that has to many burdens. large new spending programs, large debt, and now large regulatory burden. lori: the most costly federal agencies of the epa, department of housing and human services. ideas for cuts? baena we are locked in as we are talking about, but going forward . >> you have to go to the epa and ask a very, very serious question. what point have we crossed the line with a green agenda is crushing the jobs agenda. i think that is a place where we ought to start. think hard about has been goin
we're hurting the economy. unless we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at something under one-and-a-half percent...
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Oct 1, 2012
10/12
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CNBC
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, alleged stronger economy. everything is in quotes. >> that's right. to me that is why '09 is an analogy for europe because the financial crisis really plateaued in the u.s. in the spring of '09 and the economic data didn't show improvement until the late '09. >> good to have you as always on the program. let's take a look at the markets as we head to break. have you the dow up 150 points, perhaps offer the best levels and nasdaq way off the highs as well and a rare one at that given what mondays have usually meant to the markets over the last several months. up next, live from the value investing congress, the fourth quarter playbook continues live as i fannish from the heart of new york city. will financialing out shine and which pang stocks should you bet on and how big of a threat is china to u.s. stocks? halftime reports comes back. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can cus
, alleged stronger economy. everything is in quotes. >> that's right. to me that is why '09 is an analogy for europe because the financial crisis really plateaued in the u.s. in the spring of '09 and the economic data didn't show improvement until the late '09. >> good to have you as always on the program. let's take a look at the markets as we head to break. have you the dow up 150 points, perhaps offer the best levels and nasdaq way off the highs as well and a rare one at that...
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Oct 2, 2012
10/12
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CNBC
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tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on tweeter. have a question? tweet cramer or send him an e-mail or give us a call at 1800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> here's one area where playing football and managing money have a lot in common. we call it the check down. that's when the quarterback considers whom he should pass the ball to. checking down one receiver after another, find out who's open. who can score. and then hits him while he's uncovered. the best quarterbacks have a list in their heads about who to go to first, second, third, fourth, sometimes even fifth. money managers perform the same check down too. we just don't call it that. you can follow along at action alerts plus, and i do it for this show as i search for ideas that have enough merit to be noted on "mad money." how does it work? okay, today's the beginning of a new quarter but what like to do at the start of the quarter is look at the win
tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on tweeter. have a question? tweet cramer or send him an e-mail or give us a call at 1800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> here's one area where playing football and managing money have a lot in common. we call it the check down. that's when the quarterback...
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Oct 2, 2012
10/12
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CNBC
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economy, this holiday shopping season a key gauge on whether this sluggish economy can shift into a somewhat higher gear. new numbers out today from the world's largest retail trade association, the nrf, says u.s. retail sales should rise 4.1% this holiday season. pretty merry. don't get too excited. that is actually slower than the growth the past two years. so, why the slow down in the nrf says the biggest things holding consumers back is uncertainty over the economy and whether congress can strike what deal and avoid the so-called fiscal cliff. >>> one major retailer hoping for a merry holiday season is jc penney. ceo ron johnson continues to outline his plans for the struggling chain store. the stock down 30%. johnson speaking on the record and excuse swivel our courtney real been the state of his business. courtney? >> hi, tyler, good afternoon. jc penney ceo ron johnson has just begun speaking. the toirng the rocky road to reinventing retape. spoke with johnson exclusively before he took the stage at the event. now, 700 of the total 1100 jc penney stores are being outfitted with shops.
economy, this holiday shopping season a key gauge on whether this sluggish economy can shift into a somewhat higher gear. new numbers out today from the world's largest retail trade association, the nrf, says u.s. retail sales should rise 4.1% this holiday season. pretty merry. don't get too excited. that is actually slower than the growth the past two years. so, why the slow down in the nrf says the biggest things holding consumers back is uncertainty over the economy and whether congress can...
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Sep 27, 2012
09/12
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FOXNEWS
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this is the obama economy. 8.1% unemployment. $6 terrell in new obama debt. 1 in 6 americans currently live in poverty in this country. 46 million americans are in need of food stamps. fewer americans are working today than when the president took office in january of '09. gas prices have soared by over 100% during his tenure. today we learn that the average household income dropped by more than 8% in the less than four years president obama's been in office. what's the president doing about all that? well, he's, of course, campaigning out there all over the country. earlier today he stopped by kent state university in ohio, a place he visited back in 2008. let's take a walk down memory lane and see what he said. >> when bill clinton was president the average family income went up $7500. $7500. since george bush has been president, it's gone down $2,000. think about that. that's a $9500 swing. $9500. that's money out of your pocket. that's money going out of this country because we're borrowing it from china to send to saudi arabia to buy oil. that's what's added $4 trillion to our def
this is the obama economy. 8.1% unemployment. $6 terrell in new obama debt. 1 in 6 americans currently live in poverty in this country. 46 million americans are in need of food stamps. fewer americans are working today than when the president took office in january of '09. gas prices have soared by over 100% during his tenure. today we learn that the average household income dropped by more than 8% in the less than four years president obama's been in office. what's the president doing about...
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Sep 27, 2012
09/12
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FBC
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david: they are all printing more cash in order to pump up the economy. if you believe that leads to bubbles like allen greenspan did, then this bubble is the bubble for all of these. >> is actually a bit better on revenue of 2.9 billion, they were expecting a loss of 46 cents per share. that cash on 2.3 billion, the launch of the blackberry can come 2013. >> i misspoke. the losses were not as bad as we expected. >> 2.3 billion in losses. david: okay. 2.2 billion is what is reported, so they have a little bit more about lead, they are growing a little bit, which is good news in terms of the cash on hand. how much is that cash burn and will eventually begin to catch up with her. the subscriber base was up about 2 million. i want to go back to tim if i can. when you look at research in motion and their attempts to claw back from the whole they were sinking into, did you think that you have any chance of doing it? >> you hit it on the head. it is really a question of can you get the next product out, can you get new, you know, if a product transition and get
david: they are all printing more cash in order to pump up the economy. if you believe that leads to bubbles like allen greenspan did, then this bubble is the bubble for all of these. >> is actually a bit better on revenue of 2.9 billion, they were expecting a loss of 46 cents per share. that cash on 2.3 billion, the launch of the blackberry can come 2013. >> i misspoke. the losses were not as bad as we expected. >> 2.3 billion in losses. david: okay. 2.2 billion is what is...
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Sep 28, 2012
09/12
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CNBC
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and fade the economy. sell materials because those are exposed to the global economy. it makes some sense in theory. but the world doesn't act that way anymore. so look what's happened. the overall market has done very well. i'm sticking with sectors for the month. but this is true for the quarter as well. if you're fading materials, it doesn't make sense. it's been one of the big gainers. energy stocks have been big gainers. so a whole market has been lifted because of the actions of the federal reserve. take a look at the global indices. that hasn't worked that well this month or quarter at all. spain, germany and brazil have outperformed the s&p 500. and even china, while it isn't doing great, i'm not making any claims it is, it's almost on the par with the united states so far this month. my point here, carl, is don't fight ben bernanke. if he came out and said, ladies and gentlemen, me and mr. drogy and i want people to buy stewed prunes, everybody should listen carefully. you may think it's wrong, but i sure would not go out and short stewed prunes on that idea.
and fade the economy. sell materials because those are exposed to the global economy. it makes some sense in theory. but the world doesn't act that way anymore. so look what's happened. the overall market has done very well. i'm sticking with sectors for the month. but this is true for the quarter as well. if you're fading materials, it doesn't make sense. it's been one of the big gainers. energy stocks have been big gainers. so a whole market has been lifted because of the actions of the...
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Sep 30, 2012
09/12
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CNNW
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we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. [ male announcer ] isn't always the one you plan to take. whoa, check it out. hey baby goat... no that's not yours... [ hikers whispering ] ...that's not yours. [ goat bleats ] na, na, na -- no! [ male announcer ] now you can take a photo right from video, so you'll never miss the perfect shot. [ hikers laughing, commentg ] at&t introduces the htc one x. now $99.99. rethink possible. the good they did inspires us, prepares us and guides us. at new york life, everything we do is to help you keep good going. >> the debate on wednesday. romney is taking two days off. you can't just walk in there. you have to prepare for these details dee baits. romney is taking a couple of days off. is he going to study. they'll have practice debates. he is going to do that for two days. another full day of spray tan, and then
we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. [ male announcer ] isn't always the one you plan to take. whoa, check it out. hey baby goat... no that's not yours... [ hikers whispering ] ...that's not yours. [ goat bleats ] na, na, na -- no! [ male announcer ] now you can take a photo right from video, so...
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338
Oct 3, 2012
10/12
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KPIX
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eye 338
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economy got a boost from car sales. they keep just rolling along, automakers sold 1.2 million vehicles in september a 13% gain from the same month a year ago. general motors said its sales rose 1.5% its highest for september sales in four years. the dow fell 32 points to close at 13,400. the nasdaq rose 6.5 points. another boost to the u.s. economy from home sales. market researcher says prices were up 4.6% in august from a year ago. that is the largest year-over-year gain in six years. august was also the sixth month in a row that home prices were up on a month over month basis. and there might be an app for just about anything but there's not one that can make your iphone bullet proof. you'll need a case for that. a japanese company claims it's 4.5 pound case can stand up to a gunshot. it was put to the test. the man fired a bullet at the case and it held up. the problem is the phone cracked after the gunshot sent it tumbling into some rocks. it sells for $665. now i know what to get you for christmas. >> i want that.
economy got a boost from car sales. they keep just rolling along, automakers sold 1.2 million vehicles in september a 13% gain from the same month a year ago. general motors said its sales rose 1.5% its highest for september sales in four years. the dow fell 32 points to close at 13,400. the nasdaq rose 6.5 points. another boost to the u.s. economy from home sales. market researcher says prices were up 4.6% in august from a year ago. that is the largest year-over-year gain in six years. august...
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Sep 28, 2012
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i still think the economy in the u.s. looks better than most people would argue. the up tick in housing may be very helpful to the unemployment situation. so i wouldn't get overly bearish on the economy either, given that sector is finally starting to improve. >> rick santelli, as i mentioned, midday the results of those stress tests on the spanish banks came in not as bad as feared. that took the sheen off the treasury rally we'd had to that point. what are you watching otherwise right now? >> well, it took the sheen off, but we're still a couple basis points down on the day. we're still down a dozen basis points on the week. traders are going to continue to monitor the realities of spain, the realities of whether a bailout will be requested. you know, as carol knows from her book, if 90% of all the entrepreneurs don't succeed, it's not going to help them in the stock markets are up. what will help them is if the fundmentals are up. >> wow, carol, you have a fan of your book. >> we're chicagoans. we stick together. >> where do you stand on europe right now? are w
i still think the economy in the u.s. looks better than most people would argue. the up tick in housing may be very helpful to the unemployment situation. so i wouldn't get overly bearish on the economy either, given that sector is finally starting to improve. >> rick santelli, as i mentioned, midday the results of those stress tests on the spanish banks came in not as bad as feared. that took the sheen off the treasury rally we'd had to that point. what are you watching otherwise right...
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Sep 28, 2012
09/12
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. neil: president coming out swinging, hitting his favorite target, rich fies guys, with a patriotic duty to pay more. so jay, you hear this, and are you offended or what? >> i think it's shameful our president would accuse people who disagree with his tax policy unpatriotic, does that meaner mean erskine bowles and unpatriotic, the president owes everyone a apology. i am a supply side economic guy, i disagree with his policy, i am as patriotic as h he is, i am offended, i have a number of obama supporters that are appalled. neil: you are not enthused with what we said. dan, i thought, i guess he is okay with the 47% who don't pay income taxes, some legitimately ly, i know, that is a staggering figure, but that is okay? >> that is, neil, i assume you are directing it to me. neil: yes, i am. >> f
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. neil: president coming out swinging, hitting his favorite target, rich fies guys, with a patriotic duty to pay more. so jay, you hear this, and are you offended or what? >> i think it's shameful our president would accuse...
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the economy is not doing well. that is when he said he would stops along the the economy is not in play. liz: the nasdaq up 33% year over year. the s&p up 31%. what is the plan? what would cause that surprised? >> i think there is also a possibility of a negative surprise. my guess would be, not a prediction, my guess would be we could have all three things that have been concerning the market for the last three years. china, europe and the u.s., all three of them, could be a little bit better going into december. you can make the story up as well as i can. china will have a november 15 and over good that will be done. a lot of things on hold. things have been on hold with the change of leadership. they have said, i was over there two weeks ago, they have told me they believe the people on the ground, not the people -- they would get a better fourth order. the third quarter would be the low quarter. europe will get a little bit better. the u.s. will have a change by the end of november. liz: never count out the chi
the economy is not doing well. that is when he said he would stops along the the economy is not in play. liz: the nasdaq up 33% year over year. the s&p up 31%. what is the plan? what would cause that surprised? >> i think there is also a possibility of a negative surprise. my guess would be, not a prediction, my guess would be we could have all three things that have been concerning the market for the last three years. china, europe and the u.s., all three of them, could be a little...
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Oct 2, 2012
10/12
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>> the economy is another serious problem. that is another way of talking about the plight of real people out there. after four years of stewardship, i can say that we are not moving in the right direction. we are picking up 100,000 jobs a month. you have to have 180,000 just to keep pace. we are not in a recovery. growth is under 2% while it has been 2.2. that is why we are sitting around after all these years. we have a specific plan. that plan are tax incentives in order to build up this economy and great growth. you can't do anything in this country until you get growth going again. until there are plans in place. talking about a tax reduction so that they can spend more money. so that they are xare competiti with over seas people. >> you heard governor gilmore and in your opening, you basically said okay the economy is not as bad as you think. what i want to hear is what you and president obama would do in a second term. what positives would you put into place? >> we do need a jobs bill. someone said that the recovery bil
>> the economy is another serious problem. that is another way of talking about the plight of real people out there. after four years of stewardship, i can say that we are not moving in the right direction. we are picking up 100,000 jobs a month. you have to have 180,000 just to keep pace. we are not in a recovery. growth is under 2% while it has been 2.2. that is why we are sitting around after all these years. we have a specific plan. that plan are tax incentives in order to build up...
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Oct 4, 2012
10/12
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we grow our economy not from the top-down but from the middle-out. we don't believe that anybody's entitled to success in this country but we do believe in something called opportunity. we believe in a country where hard work pays off and where responsibility's rewarded and everybody's getting a fair shot and everybody's doing their fair share and everybody plays by the same rules. that's the country we believe in. that's what i'm fighting for. that's why i'm running for a second term for president of the united states. and that's why i want your vote. >> that was president obama? sloanes lake park outside denver, colorado. governor rendell there are not a few people on the democratic side of the aisle that wish that you could have transposed the president obama we just saw on to the president obama we saw last night. >> interestingly, president obama said that wasn't really mitt romney that debated last because totally different positions. well, that really couldn't have been president obama on that stage last night because this is the president oba
we grow our economy not from the top-down but from the middle-out. we don't believe that anybody's entitled to success in this country but we do believe in something called opportunity. we believe in a country where hard work pays off and where responsibility's rewarded and everybody's getting a fair shot and everybody's doing their fair share and everybody plays by the same rules. that's the country we believe in. that's what i'm fighting for. that's why i'm running for a second term for...
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Sep 30, 2012
09/12
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the economy needs manufacturing. machines, tools people making stuff. companies have to invest in making things. infrastructure construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ ♪ [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. ♪first day of my life♪ by bright eyes you're not just looking for a house. you're looking for a place for your life to happen. >>> with thes presidential candidates deep into debate the vice presidential candidates are taking center stage this weekend. paul ryan made a state to ohio toni
the economy needs manufacturing. machines, tools people making stuff. companies have to invest in making things. infrastructure construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ ♪ [ woman ] ring. ring. progresso. i just served my mother-in-law...
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Sep 30, 2012
09/12
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> it's a fact of prison life that the walls can keep the inmates in, but they can't always keep the drugs, alcohol and other contraband out. >> are there drugs in prison? what do you think? >> inmates manufacture two kinds of alcoholic beverages in prison, white lightning and pruneo, both made from fruit and sugar fermented through a plastic bag and strained through a pillowcase. >> pruno can get you drunk and get you riled up. whereas you can drink half a cup of white lightning and if the c.o.s ask you a common question like can i see your i.d. card, because you have that white lightning in your system, you immediately get viole
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> it's a fact of prison life that the walls can keep the...
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Sep 30, 2012
09/12
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CNN
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. perform, compete and grow. and people are driving this change. that's the power of human resources. the society... for human resource management and its members know... how to harness that power, because we help develop it. from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >>> it was perhaps no bigger story this week at a time when world leaders gathered at the u.n., whe
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. perform, compete and grow. and people...
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Sep 26, 2012
09/12
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CNNW
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call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. >>> our second story "outfront," mitt romney and president clinton playing. playing nice. the former president gave romney a warm introduction today at the clinton global initiative. actually praising a service program that the republican had supported. and romney returned the favor. >> if there's one thing we've learned in this election season, by the way, it is that a few words from bill clinton can do a man a lot of good. [ laughter ] >> sort of a double-edged sword there, but nonetheless, a fun laugh line. romney went on to lay o
call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that...
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Oct 2, 2012
10/12
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healing and -- >> the real economy, not just the stock market bernanke economy. >> particularly in the small mid cap space we're investing, the companies tend to be less international and tend to be doing well. most, if not all are having record earnings this year. there's much so be worried about in the economy but the underlying economy is healing. >> you're talking about the consumer strength basically? most companies are consumer oriented. >> the consumer has been strong, industrial manufacturing has been strong, software has been strong, you know, it's -- i'm not generalizing the whole economy but our job is to find value in the market and certainly our companies are building cash flows and where they're importantly finding ways to unlock the value. >> joe is a fan of jack-in-the-box. >> i am. in contrast -- >> i am a fan of chico's. >> in contrast to other fast food chains although there aren't many i'm not a fan of. >> that's obvious. >> i like jack-in-the-box, too. the play on jack in the box, they used to have a corporate parent in the day so they wind up opening their own sto
healing and -- >> the real economy, not just the stock market bernanke economy. >> particularly in the small mid cap space we're investing, the companies tend to be less international and tend to be doing well. most, if not all are having record earnings this year. there's much so be worried about in the economy but the underlying economy is healing. >> you're talking about the consumer strength basically? most companies are consumer oriented. >> the consumer has been...
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Sep 30, 2012
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. >> neil: we'll call it a tale of two economies. there was confidence at the highest level we've seen since february and their bosses or appoint ceo's some of the largest companies in america, they're not feeling so rosie. ten out of seven expect hiring to be flatter, actually lower. and charlie gasperino, it's time to start? >> yes, i think that, again, i'm going it defend ben bernan bernanke. >> a shock. >> every time you say something-- >> i criticize him a lot. >> neil: i've never heard it. >> printing money and is necessary to prevent us from-- >> so you're worried and he's the only guy in the line of defense? >> you think there's somebody else? >> and mr. payne? is charlie going to bank on-- >> i'm sorry, i'm on to mr. payne. >> the ceo's-- the problem and they point specifically to the administration and listen, if you think this first, this war on success, this war on business is bad right now, a second term in my mind will be devastating because i sincerely believe the administration is going to have after profits generated
. >> neil: we'll call it a tale of two economies. there was confidence at the highest level we've seen since february and their bosses or appoint ceo's some of the largest companies in america, they're not feeling so rosie. ten out of seven expect hiring to be flatter, actually lower. and charlie gasperino, it's time to start? >> yes, i think that, again, i'm going it defend ben bernan bernanke. >> a shock. >> every time you say something-- >> i criticize him a...
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Sep 26, 2012
09/12
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and it is about the economy. but i would put a finer truth comb on that. i think it's about the future of middle class and going back t those nbers tha wusad in the quinnipiac poll, they asked people, who's -- obama and romney, who are they going to benefit, who are the policies going to benefit? you can see the 58% they have this reversed here. shou be 58% say ttit ro'solicies benefit the rich. and obama's are much more evenly split. and very few people think that romney's policies are going to benefit the middle class. so this is a problem for him. you see in that ad where he talks about my polies, ouedl class and the iotre poor. that is not what people on the ground believe and i think that's attributed to the president's ad campaigns on the ground. i think it also is underscored by the 47% comments. but the other thing that was interesting here is in ohio, the prenis lngt ey among women by 25 points. so, early on in the campaign all the talk we had about women's issues, the focus on women at the rnc and the dnc, that has clearly been a lasting problem
and it is about the economy. but i would put a finer truth comb on that. i think it's about the future of middle class and going back t those nbers tha wusad in the quinnipiac poll, they asked people, who's -- obama and romney, who are they going to benefit, who are the policies going to benefit? you can see the 58% they have this reversed here. shou be 58% say ttit ro'solicies benefit the rich. and obama's are much more evenly split. and very few people think that romney's policies are going...
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Sep 27, 2012
09/12
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billions in the economy. i even wrote a play about that. my symptoms re a pain in mabdomen peris th wheavier annghauar if you have symptoms that last two weeks or longer, be brave, go to the doctor. ovarian and uterine cancers are gynecologic cancers. symptoms are not the same for everne. i got sick...and then i got better. ♪ [ male announcer ] introducing a stunning work of technology. introducing the entirely new lus es. and the first-ever es hybrid. thiis the pursuit of perfection. syou know, i've helped a t of of people save a lot mon. but day.( sfouis e l cttihegr) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. (slohuun meep? what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. >>> i think as people look at his record and they imagine him debating obama, obama is going to laugh at him. >> that was in january talking about mitt romney fiing himself in the debate with obama. jonathan cape heart, newt gingrich thinks this is going to be easy or
billions in the economy. i even wrote a play about that. my symptoms re a pain in mabdomen peris th wheavier annghauar if you have symptoms that last two weeks or longer, be brave, go to the doctor. ovarian and uterine cancers are gynecologic cancers. symptoms are not the same for everne. i got sick...and then i got better. ♪ [ male announcer ] introducing a stunning work of technology. introducing the entirely new lus es. and the first-ever es hybrid. thiis the pursuit of perfection. syou...
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Sep 28, 2012
09/12
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KICU
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today both spent time in virginia where the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000. >> president obama was in virginia beach. he also talked to veterans and service members who spent 40 days now left for the election both candidates are spending the bulk of their time campaigning in swing states. >>> the california transportation commission today allocated $40 million caltrain to modernize track and eventually integrate into california's high speed rail project. the money will go toward a new high-tech signal system that prevents collisions and enforces speed restrictions. it also optimizes a number per hour. the long range is to have the track modernized by the year 2019. >>> a young actor is
today both spent time in virginia where the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000....
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Sep 27, 2012
09/12
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the economy needs manufacturing. machines, tools, people making stuff. companies have to inst in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dolla k he. om tye in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. it's a big day for this >>> we're back on "politicsnation." have you guys ever heard othe onion? it's a newspaperhat does these hysterical stories. ut.ck out some of the li terrified personal assistant tells clint eastwood. and another says, romney accidently introduces his family members by their third annual incomes instead of their names. and get a ld o this, george w. bush attends a key note conference in the cayman islands. you can't be serious. this is not an onion headline? it's not a joke? orusit b conference speaker in the cayman islands the week before the election, the week before the famous cayman runs for office? no. this is t an onion article but t
the economy needs manufacturing. machines, tools, people making stuff. companies have to inst in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dolla k he. om tye in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. it's a big day for this >>> we're back on "politicsnation." have you guys ever...